Capital Gains Tax Rate 2024 House Sale New Delhi. The proposed rate hikes the tax rate by 2.5% for listed equity from 10% currently but reduces the tax rate by 7.5% for other assets such as house property,. If a taxpayer sells a house, they are liable to pay capital gains tax on the sale.

Prior to the announcement the long term capital gains arising from sale of property was taxed at 20% with indexation benefit. The capital gain tax imposed on property pertains to the financial gain acquired from the.